Bitcoin jumps over $62,000 on sparkling jobs report
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Bitcoin rose 3% on October 4, 2024, surpassing $62,000 due to a better-than-expected jobs report; U.S. created 254,000 jobs in September, exceeding the predicted 140,000; unemployment rate fell to 4.1% in August; Bitcoin had previously dropped to around $60,000 earlier in the week; analysts express mixed views on long-term price impact; Omid Malekan from Columbia Business School highlights uncertainty due to macroeconomic factors and upcoming elections; Bitcoin increased 124% over the past year, hitting an all-time high of $72,000 in March.

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https://fortune.com/crypto/2024/10/04/bitcoin-jumps-over-62000-on-sparkling-jobs-repor/